If John Takes Credit for Work Done on Time, but Blames

question 118

Multiple Choice

If John takes credit for work done on time, but blames his co-workers for his delays, his attitude is reflective of the:

• A)fundamental attribution error.
• B)primacy effect.
• C)self-fulfilling prophecy.
• D)self-serving bias.
• E)projection bias.

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Definitions:

Risk Aversion

The tendency of investors to prefer lower risk options, avoiding higher risk investments even if they offer potentially higher returns.

Expected Return

The profit or loss an investor anticipates on an investment that has various known or expected rates of return.

Discrete Variables

These are variables that represent counts and can only take on distinct, separate values.

Specific Values

Specific values in finance typically refer to precise monetary figures associated with assets, liabilities, revenues, or expenses, crucial for accurate financial analysis and reporting.